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Buyers put downtown Ventura condo project on fast track

By   /  Friday, January 20th, 2012  /  Real Estate, Top Stories, Tri-County Economy  /  1 Comment

One of the largest residential projects in downtown Ventura history has changed hands, and the city is putting the owner on the fast track for approval in a bid to infuse the urban core with new white-collar housing. Los Angeles-based developer John Ashkar already has two large-scale housing projects in Ventura in the pipeline. He Read More →

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Santa Barbara County developers file for bankruptcy

By   /  Friday, January 20th, 2012  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Santa Barbara County developers file for bankruptcy

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Junior colleges pan cuts: Schools prepare to shrink classes, faculty

By   /  Friday, January 20th, 2012  /  Features, Tri-County Economy  /  Comments Off on Junior colleges pan cuts: Schools prepare to shrink classes, faculty

The six community college campuses in the Tri-Counties are cutting classes, decreasing faculty and raising student fees.

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Los Robles expansion nears milestone

By   /  Friday, January 20th, 2012  /  Top Stories, Tri-County Economy  /  Comments Off on Los Robles expansion nears milestone

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Stalled in Simi Valley: Redevelopment projects slide to a halt

By   /  Friday, January 20th, 2012  /  Banking & Finance, Features, Tri-County Economy  /  Comments Off on Stalled in Simi Valley: Redevelopment projects slide to a halt

Come Feb. 1, several business improvement programs in Simi Valley will come to halt.

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Haas shelves Oxnard expansion, looks to other states

By   /  Thursday, January 19th, 2012  /  Latest news, Tri-County Economy  /  Comments Off on Haas shelves Oxnard expansion, looks to other states

Oxnard-based Haas Automation, the nation’s largest maker of computer-controlled machine tools, has shelved plans to construct a new facility in Ventura County and is instead looking to other states with more stable regulatory environments. The news came in a letter from Oxnard Mayor Tom Holden to Lt. Gov. Gavin Newsom’s office. In his letter, Holden Read More →

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Santa Barbara hotel tax revenue on track for record

By   /  Wednesday, January 18th, 2012  /  Latest news, Tourism, Tri-County Economy  /  Comments Off on Santa Barbara hotel tax revenue on track for record

Thanks to a rebound in tourism, including an influx of foreign visitors, Santa Barbara is on pace to set a record for hotel tax revenue in 2011-12. While the city’s overall sales taxes also are increasing, they’ve not yet rebounded to pre-recession levels, said City Manager Jim Armstrong. He delivered the annual state of the Read More →